Pakistan Finance Minister Miftah Ismail said the government was committed to reviving the International Monetary Fund program and putting the country back on a “sustainable growth path” after talks with the multilateral lender ended inconclusively the previous day.
There’s now a prospect of a default for the second time in Pakistan’s history even though the IMF said there was “considerable progress” in the discussions. Dollar bonds from Pakistan were among the worst in emerging markets on Thursday.
